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UK Sets Out Business Bank Plan to Boost Lending to Small Firms – Fox Business

The U.K. government set out the strategy for its state Business Bank Thursday, including plans to launch a 300 million pound ($455 million) scheme in the second quarter to invest in financial institutions and non-bank lending channels to help boost finance to small and medium-sized enterprises. In the foreword to the document setting out the […]

Most successful UK girl group of the century call time on career after gig in … – The Guardian

Girls Aloud have split up, following the last night of their Ten reunion tour. A tweet from the band’s official account on Wednesday night said: “We have now come to the end of our incredible time together.” The message was sent shortly after the five singers came off stage in Liverpool at the end of […]

New childcare policy excludes nearly 1m of UK’s poorest families – The Guardian

More than half of working families on the lowest incomes will not qualify for the new, more generous financial support for childcare announced by the chancellor in his budget on Wednesday. In one of the first examples of a key budget measure unravelling, the Resolution Foundation thinktank has calculated that nearly 1 million families at […]

UK Paints Glum Picture on Growth – Wall Street Journal

Article Excerpt U.K. Paints Glum Picture on Growth BY CASSELL BRYAN-LOW AND AINSLEY THOMSON LONDON—U.K. Treasury chief George Osborne unveiled lower growth forecasts and conceded again that the government would have to borrow more than planned, as he presented his annual budget amid criticism of his stewardship of the economy. Mr. Osborne, delivering the closely […]

Budget 2013: George Osborne commits to UK shale gas boom – The Guardian

George Osborne has brushed aside concerns over shale gas by committing to an exploration drive in the UK with generous tax breaks for fracking companies and promises to hand financial incentives to local communities. “I want Britain to tap into new sources of low-cost energy like shale gas,” said the chancellor. “Shale gas is part […]

Several schools in UK issue ‘best friends ban’ – Fox News

Teachers in England are banning school children from keeping best friends, instead encouraging the youngsters to play in large groups, The Sun reported. The controversial policy was implemented in certain schools with the idea of avoiding pain for children who experience break-ups with a close pal, according to the newspaper. “I have noticed that teachers […]

Planck spacecraft unveils earliest map of the universe – The Guardian (blog)

The most detailed picture yet of the early universe is to be revealed today in Paris. Taken by the European spacecraft, Planck, it could tell us about events that took place during the first second of the universe’s existence. Planck’s image will show the universe at an age of around 380,000 years. This is before […]

UK: Public OK with creating babies from 3 people – USA TODAY

Britain’s fertility regulator did not find evidence to suggest the techniques were unsafe. LONDON — Britain’s fertility regulator says it has found broad public support for in vitro fertilization techniques that allow babies to be created with DNA from three people for couples at risk of passing on potentially fatal genetic diseases. It also found […]

Osborne seeks to curb drift of UK fund managers to Ireland – Irish Times (subscription)

British chancellor of the exchequer George Osborne has moved to abolish stamp duty on asset managers that had encouraged many of them to transfer their operations to Ireland and Luxembourg. In his budget, Mr Osborne announced a series of measures to attract and keep business in the UK, including a cut in corporation tax to […]

UK Agency Cautiously Endorses Mitochondria Replacement – Science AAAS

There is broad public support in the United Kingdom for allowing a new type of IVF treatment that could prevent mitochondrial diseases, the country’s Human Fertilization and Embryology Authority (HFEA) announced today. The techniques would introduce new DNA into an embryo, and so it has raised thorny ethical questions. At the same time, the authority […]